The industry that you expect to hit the IT headlines on a regular basis has not let us down in the last 12 months,despite continued tough market conditions. With customer demands changing,banks have to innovate around things like mobile ...
Tags: Financial Services, IT, bank, mobile banking, Barclays, RBS
IDG News Service - A partnership of New York City businesses has put out a call for innovative financial technologies. Sponsored by The Partnership for New York City Fund and Accenture, the FinTech Innovation Lab seeks novel technologies ...
Tags: financial technologies, FinTech Innovation Lab, financial services
By the close on Friday Molycorp was changing hands for $11.49, down $4.58 or more than 28% as investors digested the company's Q2 results that saw the company swing into a loss in the second quarter on the back of higher costs, lower sales ...
Tags: rare earth oxides, rare earth, Molycorp, rare earth processor
According to an announcement posted on Tadawul, the Saudi Arabian Mining Company has signed a SAR 9 billion murabaha Islamic loan deal for a period of five years with a number of banks,. The report said that the company decided to ...
Tags: Saudi Arabian Mining Company, loan deal, financial flexibility
Snap Fashion has beaten 300 UK companies to win first place in Cisco's BIG Awards 2012. Snap fashion was crowned winner at Cisco House, during an awards ceremony which also saw companies Digital Shadows and Six3 come second and third ...
Tags: Snap Fashion, Cisco BIG Awards, app, Digital Shadows
The creators of Carberp, a banking Trojan program used exclusively in Russian-speaking countries, have started to sell an improved version of the malware together with custom scripts that would allow cybercriminals to target U.S. online ...
Tags: Carberp Malware, Banks, Computer Products
Reuters reported that Luxembourg based stainless steel maker Aperam is interested in buying the ThyssenKrupp Acciai Speciali Terni plant in Italy, the company said, joining what sources said was a list of possible bidders. Others ...
Tags: stainless steel maker, Aperam, ThyssenKrupp Acciai Speciali Terni
OPEC ministers gathering in Vienna have two tasks ahead of them on Wednesday: fix crude output policy for the year ahead and appoint a new secretary general to succeed the outgoing Abdalla el-Badri. While the 12-member group appears ...
The facility, initially planned for an amount of Euro 1 billion, was significantly oversubscribed with bank commitments reaching in excess of Euro 2.2 billion. This enabled Saint-Gobain to increase the size of the facility to Euro 1.5 ...
Tags: credit facility, construction markets, building materials
Reuters reported that fresh from axing half of his management board this week, ThyssenKrupp chief executive Mr Heinrich Hiesinger is expected to ring in a new era at Germany's top steelmaker when he presents results on Tuesday. The CEO ...
Tags: steelmaker, steel companies, car parts, dependence on steel
The US Department of Treasury is likely to sell the remaining nearly 234.2 million shares of American International Group(AIG)common stock,in a public offering,marking end of government ownership of the company. Following the completion ...
Tags: AIG, government, common stock, financial crisis
Dafiti,Brazil's leading fashion online retailer,today announced its fourth round of investment,worth USD 65 million.The funding from international investors,structured as cash-for-equity,will be used primarily to bolster Dafiti's logistical ...
Tags: Dafiti, fashion online retailer, investment, apparel, shoes
The Metropolitan Police Service's IT director talks to Computer Weekly about the Olympian challenges facing IT transformation at the Met now the London 2012 Games are over. Steve Whatson(pictured),director of ICT for the Olympics and ...
Tags: Metropolitan Police, ICT, Steve Whatson, cloud-based
The Chinese government's latest move to combat tax evasion by imposing a consumption tax on MTBE and aromatics is likely to raise gasoline blending costs and make imports of finished gasoline relatively more cost-effective, industry sources ...
Tags: Tax on MTBE, Gasoline, aromatics
The US Department of the Treasury has launched an underwritten public offering of $18bn of its American International Group (AIG) common stock, of which AIG is likely to purchase $5bn of the stock at the initial public offering price. The ...
Tags: Treasury, American International Group, underwriters, sale of securities